Brexit Steamrolls Fed Model for Stock Bulls as Bond Yields Drop

Bloomberg, June 28, 2016 – With Treasury yields approaching 1.40 percent Monday, rising rates seem like the least of anyone’s problems. Still, should yields start to rise with economic growth still sluggish, the Fed’s warning would be relevant to equity owners, according to Alex Bellefleur, head of global macro research and strategy at Pavilion Global Markets.

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